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Toyo Tire anti-quake rubber controversy sends shockwaves through share price

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Toyo Tire & Rubber Co.’s share plummeted by the most in four years this week after the company revealed that a rubber product it sold as a building material for protecting against earthquakes failed to meet the necessary certification. The news, which was released in an official statement on 13 March, revealed that that its […]

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Related news:

  1. Rosneft buys 13 per cent of Pirelli
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  3. Heads roll at Toyo in light of earthquake dampner scandal
  4. Toyo Tire & Rubber names new president, chairman
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